Encavis Asset Management AG has invested a total of around EUR40 million (US$45 million) in two wind farms and a solar park for two portfolios of institutional investors. The plants are in profitable locations within the Bavarian administrative districts of Aichach-Friedberg, Bayreuth and Hof.
The plants of the Baar wind farm, type Nordex N117/3 MW, have already been connected to the grid since November 2017 and benefit from a guaranteed feed-in tariff of 7.69 euro cents (US$8.69 cents) per fed-in kilowatt-hour (kWh). The wind turbines were erected in the Aichach-Friedberg district. The Vestas V126/3.45 MW wind turbines of the Körbeldorf wind farm near Bayreuth, were put into operation as early as February 2017 and receive a feed in tariff of 8.38 euro cents (US$9.47 cents) per kWh. The Friedmannsdorf solar park with a total output of around 10 megawatts is currently being constructed in the Hof administrative district. Modules from Canadian Solar and Huawei inverters are to be installed. Starting of operations is envisaged for the second quarter of 2019.
Country updates
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February 20, 2019
EnBW sells minority stake in 13-MW German wind farm
Oberschwäbischen Elektrizitätswerke (OEW) and Neckar-Elektrizitätsverband (NEV) are resolutely expanding their involvement in the area of renewable energies. The two municipal associati...
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February 19, 2019
7C Solarparken invests in three solar PV and one wind project in Germany
7C Solarparken has completed the acquisition of three operational German solar parks with a total capacity of 3.2 MW and a 2.78 MW wind farm for a total amount of EUR14 million (US$16 million). The so...
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February 18, 2019
Windwärts divests 12 MW German wind project to AREAM
Windwärts Energie GmbH has sold the Düst II wind farm to a fund managed by AREAM GmbH. The Düst II wind farm consists of five Enercon E-92 wind turbines with a hub height of 104 me...
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February 15, 2019
Shell to buy all of storage specialist Sonnen
Shell has agreed to acquire 100% of sonnen, a company focused on smart energy storage systems and innovative energy services for households. This follows an investment by Shell in May 2018 and means t...
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February 13, 2019
German grid operators plan 100 MW electrolyser to convert renewable power to biogas
Amprion and Open Grid Europe (OGE) have presented plans to develop a power-to-gas plant with around 100 MW installed capacity including hydrogen infrastructure.
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